The Week Ahead: Key Economic Events to Watch for July 7 – 11, 2025

A busy week of high-impact economic events lies ahead, with key interest rate decisions, employment data, and GDP figures set to move markets. Central banks in Australia and New Zealand will release their latest rate announcements, while investors will closely watch US jobless claims, UK GDP data, and Canada’s employment report for further signals on economic momentum. Additionally, earnings from major companies like Delta Air Lines and Levi Strauss are scheduled, adding to the market’s potential volatility.

High Impact Economic Events

Tuesday 07:30 am (GMT+3) – Australia: Cash Rate (AUD)

Wednesday 05:00 am (GMT+3) – New Zealand: Official Cash Rate (NZD)

Thursday 15:30 (GMT+3) – USA: Unemployment Claims (USD)

Friday 09:00 am (GMT+3) – UK: GDP m/m (GBP)

Friday 15:30 (GMT+3) – Canada: Employment Change (CAD)

Tuesday, July 8

07:30 am – Australia: Cash Rate (AUD)

The interest rate decision is one of the key instruments of the national monetary and credit policy of the Reserve Bank of Australia.

A higher interest rate leads to the appreciation of the Australian dollar.

At its latest meeting, the Board decided to lower the cash rate target by 25 basis points to 3.85 per cent.

Economists anticipate a rate cut of 25 basis points.

Wednesday, July 9

05:00 am – New Zealand: Official Cash Rate (NZD)

The Reserve Bank of New Zealand (RBNZ) reviews its interest rate policy every six weeks, setting the rate at which loans are provided to commercial banks. This rate is a key instrument of the RBNZ’s monetary policy, aimed at managing the strength of the New Zealand dollar (NZD). A rate increase typically strengthens the NZD by attracting foreign capital and boosting demand for the currency. Consequently, market participants closely monitor changes in the interest rate to determine their potential impact on NZD performance.

At its latest meeting, New Zealand’s central bank cut interest rates to 3.25% to support the economy, which had been recovering after a slowdown. Inflation had risen in the short term but was expected to stay within the 1–3% target range over time. Global uncertainties like trade tensions were expected to slow growth and ease inflation pressures. The bank said it was prepared to adjust policy as needed.

Analysts predict no change in the interest rate.

Thursday, July 10

15:30 – USA: Unemployment Claims (USD)

An initial claim is filed by an unemployed individual seeking eligibility for unemployment insurance after leaving a job. This count serves as a leading economic indicator, reflecting labor market conditions. However, because these are weekly administrative data, they can be volatile and challenging to adjust seasonally.

Jobless claims fell slightly to 233,000 for the week ending June 28, while the four-week average declined to 241,500. Insured unemployment held steady at 1.3%, with its four-week average rising to the highest level since late 2021.

Friday, July 11

09:00 am – UK: GDP m/m (GBP)

Gross Domestic Product (GDP) m/m represents the value of all goods and services produced in the UK in the current month compared to the previous month. The GDP calculation also includes expenditure on manufactured goods and provided services. Growth in GDP may have a positive effect on the pound quotes.

The UK economy shrank by 0.3% in April 2025, mainly due to weaker services and production. However, over the past three months, GDP grew by 0.7%, helped by gains across services, production, and construction.

15:30 – Canada: Employment Change (CAD)

Canada Employment Change shows a change in the number of officially employed Canadians in the reported month.

The indicator is used when measuring Canada’s labor market. The indicator’s growth can have a positive effect on CAD quotes.

Employment in May stayed flat for the second month in a row. Full-time jobs rose, but part-time and self-employment declined. The overall job rate held steady at 60.8%, with little growth seen since January.

Company Earnings (July 7 – 11)

Thursday, July 10: Delta Air Lines, Inc. (DAL)

Thursday, July 10: Conagra Brands, Inc. (CAG)

Thursday, July 10: Levi Strauss & Co. (LEVI)

Conclusion

With central bank decisions, key labor market data, and GDP figures all scheduled, this week is set to offer crucial insights into the health of major economies. Traders and investors should stay alert, as the outcomes of these events—along with notable corporate earnings—could drive significant market movements across currencies, equities, and commodities.